Evoke Wealth Selects RedBlack for Portfolio Rebalancing, Order Management and Straight-Through Processing
Summary
BEDFORD, N.H.--(BUSINESS WIRE)--RedBlack Software LLC, the independent market leader for portfolio rebalancing and trading, today announced that Evoke Wealth, LLC (Evoke), a Los Angeles-based registered investment advisor with approximately $3.8 billion in regulatory assets under management, has selected RedBlack for portfolio rebalancing, trade order management and straight-through processing. “ Our partnership with Evoke underscores our commitment to deliver best-of-breed portfolio rebalancing and trading solutions that enable investment professionals to maximize productivity, reduce costs and save time,” said Daniel C. Potter, President and Chief Executive Officer of RedBlack. “ We have enjoyed a long and successful relationship with the principals of Evoke, and we look forward to helping them grow in this dynamic market.” Evoke provides holistic and personalized financial planning and discretionary and non-discretionary investment advisory services to individuals, including high net worth individuals, and entities, including family offices, trusts, estates, private foundations, charities, small businesses, and pension and retirement/profit-sharing plans. RedBlack’s relationship with the Evoke leadership team dates back nearly a decade, approximately two years after the team’s formation of Luminous Capital. At our core is a disciplined focus on client-driven design, innovative technology and agile delivery to ensure that our solutions continuously evolve to meet the demands of our clients and the industry.